Skip to main content

About your Search

20121224
20130101
Search Results 0 to 2 of about 3
a deal on the fiscal cliff. however, chief white house correspondent ed henry tells us that washington may have to set with a backup plan to the backup plan. >> christmas tradition for president obama. he and first lady michelle obama saying thanks at the marine corps base hawaii. >> so many of you make sacrifices day in and day out on behalf of the freedom and behalf of the security. >> now the president is giving up some vacation time rushing back to washington aboard air force one late tonight to deal with the looming fiscal cliff. after that red eye, the president will no doubt need coffee. starbucks decided to get political in the washington, d.c., shops, by having employees write come together on cups. ceo howard schultz writing in open letter, "my hope is the simple message will serve as holiday reminder from starbuck of the spirit that bridgeed differences and we have the power to come together and make a difference in every season of the year." the president and speaker john boehner have not spoken in nearly a week. when the house republicans convene conference call today, all
is determining what passed the republican-led house and democrat-controlled senate. fiscal conservatives say a smaller stop gap measure to avoid the cliff won't work. >> if we, in fact, do not use this period of time before right now, deal with the bigger issue and entitlements, if we just continue to kick the can down the road. the market will respond in a more permanent and negative way to our inaction. >> one thing leading republicans and democrats seem to agree on is time is running short. veteran senate democrat says there is a very small window to get something done. >> if we don't have a deal within the next 24 hours, the question is where do you buy a pair of shoes? the closer we get to the end the less likely you will compress agreement in place that will have it pass. >> this struggle over the future of the country some suggest is not that different than what many americans face in their daily lives. >> this is no different than marriage. a lot of marriages fail because they fight over money. that i get heavily in debt and they fight over money issues. we as a nation are right now
. >> charles? >> well, you know, there are two events that will happen january 1. one is the fiscal cliff, which i still think is likely, likely we will go over. maybe 60% chance. there could belag-minute proposal if obama is somewhat generous, not as arrogant and offers something that a small number of republicans in the house could support. there is a scenario where you wouldn't go over the cliff. he proposes a slight compromise on the level at which you get the higher taxes, $400,000. extension of unemployment stops with that. essentially. then if boehner were to allow a free open vote, then you could get 180 democrats plus 30 republicans. it could happen. >> doug: voila. >> that is the only scenario. possible one. >> doug: sounds so easy. >> yeah. a lot of this stuff is in principle easy. remember, obama was never interested in solving the fiscal issues. he wanted to break the republicans. he did. there is no civil war on the republican side that makes him sovereign in washington. a great political achievement. the other event is the debt ceiling. happening on january 1. the delicious
Search Results 0 to 2 of about 3